bloomberg.com / .bloomberg-com / Page 7

The Indian rupee may fall past 90 per dollar this year as the monetary authority prepares to ditch the currency's implicit quasi-peg to the dollar, according to Gavekal Research.

What's behind all the moves.

Mercedes-Benz Group AG car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and electric vehicles in Europe.

J Sainsbury Plc warned of tough cost inflation and said it only expects to hit the midpoint of its target profit range this fiscal year.

Temperatures are set to drop well below zero across much of Europe, with weather agencies warning of heavy snow in several countries.

India's central bank may take measures to inject cash in the banking system before it begins to cut interest rates this quarter, according to some of nation's biggest fund managers.

Nigeria's Dangote Refinery is building additional tanks to store imported oil as local supplies remain low, according to the Africa Report.

Turkish central bank officials will step up meetings with local business leaders this year, seeking to improve policy communication at the start of what's expected to be a lengthy interest-rate cutting cycle.

Weeks after Danish judges sentenced hedge fund trader Sanjay Shah to 12 years in prison, the country's lawyers turned to a US court in a bid to recoup about $500 million lost in the Cum-Ex tax dividend scandal.

Italian fashion brand Prada could be weighing a purchase of the Versace label, daily Il Sole 24 Ore reported on Friday.